【 Brief 】 Snow Wright Controlling Shareholders Transfer Shares, Star Power Personnel Changes

- Jan 28, 2019-

Snow Wright controlling shareholder transfer shares to guangzhou qilu investment consulting co., LTDSnow Wright issued a notice said, recently received the company's controlling shareholder chai guosheng notice, learned that it and guangzhou qilu investment consulting co., ltd. signed the "share transfer framework agreement."Chai intends to transfer his 50 million shares (6.43% of the company's total) to guangzhou qilu investment consulting co., LTD.According to the data, the business scope of guangzhou qilu investment consulting co., LTD.Enterprise management consulting services;Planning creative services;Educational advisory services;Market research service;Large-scale activities planning services.Snow Wright said that after the completion of the share transfer, guangzhou qilu investment consulting co., ltd. will become the company's strategic investor, which is conducive to the company to obtain more development resources, improve the company's financial situation and enhance the sustainable profitability, and enhance the company's ability to resist risks.In addition, if the transfer of shares is completed successfully, chai guosheng still holds 190,352,938 shares of the company, accounting for 24.47% of the total share capital of the company.Chai guosheng and his united action person chai hua hold a total of 192,266,138 shares of the company, accounting for 24.72% of the total share capital of the company.Moreover, the completion of this share transfer will not lead to the company's controlling shareholders, the actual controller changes.The director of star power resignedA few days ago, the country star power issued a notice on personnel changes.According to the announcement, the board of directors of the company received the written resignation report of the director Mr. He xianghua on January 24. Mr. He xianghua applied for resigning from the position of director of the company due to the adjustment of work arrangement. After the resignation, Mr. He xianghua no longer held any position in the company.According to relevant regulations, Mr. He xianghua's resignation did not cause the number of the board of directors of the company to be lower than the prescribed number, and his resignation will not affect the normal operation of the board of directors of the company. The resignation report will take effect when it is delivered to the board of directors of the company.